UPSC CSE 2026 Essay Paper Discussion
Watch now

TOPIC

Capital Market

8 UPSC Prelims MCQs tagged "Capital Market". Free practice with answer keys, explanations, and timed mock tests on Anantam IAS.

Agriculture and Allied Activities 56 Money, Banking and Monetary Policy 43 Environmental Pollution 43 Biotechnology 37 Parliament 33 Climate Change 32 Finance and Financial Markets 29 Emerging Technologies 28 Trade and External Sector 26 Life Sciences 26 Core Concepts and Foundational Science 20 Public Finance in India 19 International Environmental Framework 18 Continents 18 Religions in India 18 Fundamental Rights 18 Concept and Salient Features of the Constitution 17 Indian Biodiversity - Fauna 17 Renewable Energy 16 Major Physical Divisions of India 16 Multilateral Groupings 16 International Institutions 15 Art and Architecture 15 Drainage System 15 Institutional Measures for Environment Conservation 14 Regional Groupings 14 Rivers and Drainage 14 Infrastructure and Investment Models in India 14 Atmosphere 13 Space Technology 13

  1. Which of the following statements with respect to the Revamped Rashtriya Gram Swaraj Abhiyan (RGSA) is/are correct?

    Which of the following statements with respect to the Revamped Rashtriya Gram Swaraj Abhiyan (RGSA) is/are correct?

    1. The period of its implementation is 1ˢᵗ April, 2021 to 31ˢᵗ March, 2026.


    2. The key objective of the Revamped RGSA is to develop the governance capabilities of the Panchayati Raj Institutions to deliver on the Sustainable Development Goals.


    3. The share of the Central funding for the Revamped RGSA is 100% for all States and Union Territories.

    Select the answer using the code given below:

    1. A1 and 2
    2. B2 only
    3. C1 and 3
    4. D2 and 3
    Answer and explanation

    Correct answer: B

    Statement 1 is correct — the Revamped Rashtriya Gram Swaraj Abhiyan (RGSA) was approved by the Cabinet for implementation from 1 April 2022 to 31 March 2026 (extended/aligned to the Fifteenth Finance Commission cycle); some MoPR documents cite 2022-26, but the broader UPSC-accepted answer treats this period as correct. Statement 2 is correct — the central objective is to develop the governance capabilities of PRIs to achieve Sustainable Development Goals through inclusive local governance. Statement 3 is incorrect — funding is shared 60:40 between Centre and States (90:10 for NE and hill States), and 100% for UTs without legislature; not 100% across the board. Hence only 1 and 2 are correct.

    Open this question on its own page

    Indian Polity UPSC 2026 Medium

  2. Which of the following statements with regard to drone swarms is/are correct?

    Which of the following statements with regard to drone swarms is/are correct?

    1. They use Terahertz band of frequency to communicate with the command centre.


    2. Individual drones in the swarm can communicate with other drones in the swarm.


    3. GPS Spoofing is a commonly used technique to counter drone swarm attack.

    Select the answer using the code given below:

    1. A1 only
    2. B2 and 3 only
    3. C1 and 2 only
    4. D1, 2 and 3
    Answer and explanation

    Correct answer: B

    Drone swarms use mesh networks where individual drones share data with peers and adapt collectively, so statement 2 is correct. GPS spoofing — feeding false navigation signals — is a standard counter-swarm electronic-warfare technique alongside jamming and directed energy (3 correct). Statement 1 is wrong: swarms typically use sub-6 GHz RF, Wi-Fi, LTE/5G or proprietary bands, not the Terahertz band, which suffers severe atmospheric attenuation and is still experimental. Hence 2 and 3 only.

    Open this question on its own page

    Science & Tech UPSC 2026 Medium

  3. Which of the following statements with regard to genetic medicine is/are correct?

    Which of the following statements with regard to genetic medicine is/are correct?

    1. Genetic medicines correct/compensate for the faulty genes responsible for disease.


    2. Engineered viruses and lipid nanoparticles are used as carriers of the genetic medicine.


    3. Genetic medicines alter the entire DNA sequence.

    Select the answer using the code given below:

    1. A1 only
    2. B2 and 3 only
    3. C1 and 2 only
    4. D1, 2 and 3
    Answer and explanation

    Correct answer: C

    Genetic medicines (gene therapy, mRNA, siRNA, CRISPR) work by replacing, repairing or silencing faulty genes responsible for disease (1 correct). They are delivered using vectors such as engineered viruses (AAV, lentivirus) or lipid nanoparticles, as seen in mRNA COVID-19 vaccines (2 correct). Statement 3 is wrong: genetic medicines target specific genes or transcripts and do not rewrite the entire DNA sequence — that would be neither feasible nor safe. Hence 1 and 2 only. Read more: World Intellectual Property Organization (WIPO): UN Agency, 26 Treaties, Genetic Resources Treaty 2024, and India’s Position.

    Open this question on its own page

    Science & Tech UPSC 2026 Medium

  4. An e-commerce revenue model where the seller has control over pricing but doesn’t keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is ca…

    An e-commerce revenue model where the seller has control over pricing but doesn't keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called:

    1. ADropshipping Model
    2. BAffiliate Revenue Model
    3. CTransaction Fee Revenue Model
    4. DAgency Revenue Model
    Answer and explanation

    Correct answer: A

    Dropshipping is the e-commerce model where the seller lists and prices products without holding inventory; orders are forwarded to a third-party supplier who ships directly to the customer. Affiliate revenue earns commissions for referrals, transaction-fee models charge per transaction (e.g., marketplaces), and agency models earn fees for matching buyers and sellers. The defining feature here — control over pricing plus no stock plus third-party fulfilment — is the textbook definition of dropshipping.

    Open this question on its own page

    International Relations UPSC 2026 Easy

  5. ‘X’, born in the UK, was conferred the Nobel Prize in 2025. He was a professor in an American university when this prize was announced. Identify ‘X’:

    'X', born in the UK, was conferred the Nobel Prize in 2025. He was a professor in an American university when this prize was announced. Identify 'X':

    1. AMichel H. Devoret
    2. BRichard Robson
    3. CJohn Clarke
    4. DJoel Mokyr
    Answer and explanation

    Correct answer: C

    John Clarke is the correct answer. He was born in Cambridge, United Kingdom, and was affiliated with the University of California, Berkeley when the 2025 Nobel Prize in Physics was announced. The prize was awarded jointly to John Clarke, Michel H. Devoret and John M. Martinis for the discovery of macroscopic quantum mechanical tunnelling and energy quantisation in an electric circuit. Richard Robson was a 2025 Chemistry laureate, but the clue about a UK-born laureate who was a professor in an American university points to John Clarke.

    Open this question on its own page

    History UPSC 2026 Easy

  6. Which of the following statements with regard to the Grand Slam Tennis Tournaments is/are correct?

    Which of the following statements with regard to the Grand Slam Tennis Tournaments is/are correct?

    1. The tournaments have a shared governance structure establishing the partnership among the four Grand Slam tournaments.


    2. They are open for entry to all internationally ranked tennis players above the age of 14.


    3. There is a limitation on the number of 'Wild Cards' a player may receive to compete in a Grand Slam Tournament.

    Select the answer using the code given below:

    1. A1 and 2 only
    2. B2 and 3 only
    3. C1 only
    4. D1, 2 and 3
    Answer and explanation

    Correct answer: C

    The four Grand Slams (Australian Open, Roland-Garros, Wimbledon, US Open) are coordinated through the Grand Slam Board, providing a shared governance partnership — statement 1 correct. Entry is restricted by ranking and age-eligibility rules: the WTA/ITF age-eligibility rule limits participation, and there is no blanket open entry for all internationally ranked players above 14 — statement 2 wrong. Wild cards are allotted by each tournament (typically 8 in singles main draw) but there is no global cap on how many wild cards a single player may receive across her career — statement 3 wrong. Only 1 is correct. Read more: Artemis Accords Explained: Principles, India’s Entry, and the Lunar Governance Race.

    Open this question on its own page

    Science & Tech UPSC 2026 Medium

  7. Which of the following with reference to Indian States is/are not correct?

    Which of the following with reference to Indian States is/are not correct?

    1. Uttar Pradesh shares its boundary with the highest number of other Indian States.


    2. Rajasthan shares the longest international border among all Indian States.


    3. Sikkim is the only State that shares its boundary with just one other Indian State.

    Select the answer using the code given below:

    1. A1 only
    2. B1 and 2
    3. C2 and 3
    4. D3 only
    Answer and explanation

    Correct answer: C

    Uttar Pradesh shares boundaries with 8 Indian States (Uttarakhand, HP, Haryana, Rajasthan, MP, Chhattisgarh, Jharkhand, Bihar) plus Delhi UT — the highest among Indian States; Assam comes second at 7. So statement 1 IS correct. Rajasthan does NOT share the longest international border — West Bengal shares the longest international boundary at 2,217 km with Bangladesh (Rajasthan-Pakistan is only ~1,070 km); statement 2 is incorrect. Sikkim borders only West Bengal among Indian states, but it is NOT the ONLY such state — Meghalaya also borders only one Indian state (Assam); hence statement 3 as worded is incorrect. NOT correct = 2 and 3, giving (c).

    Open this question on its own page

    Geography UPSC 2026 Medium

  8. With reference to Madhav National Park, which of the following statements is/are correct?

    With reference to Madhav National Park, which of the following statements is/are correct?

    1. It was declared a Tiger Reserve in India in 2025.


    2. Sakhya Sagar, which is designated as a Ramsar Site, is situated within this National Park.


    3. Its area is shared between Madhya Pradesh and Rajasthan.

    Select the answer using the code given below:

    1. A1 only
    2. B1 and 2
    3. C2 and 3
    4. D3 only
    Answer and explanation

    Correct answer: B

    Madhav National Park lies in Shivpuri district of Madhya Pradesh (entirely within MP — not shared with Rajasthan), so statement 3 is wrong. It was notified as India's 58th Tiger Reserve in 2025, making statement 1 correct. The park encloses two lakes — Sakhya Sagar and Madhav Sagar — of which Sakhya Sagar was designated a Ramsar Site in 2022, making statement 2 correct. Hence 1 and 2 only. The trap is the shared-state confusion with Ranthambore/Kuno; Madhav is wholly in Madhya Pradesh.

    Open this question on its own page

    Environment UPSC 2026 Medium